45 C.F.R. § 706.12   Financial interests.


Title 45 - Public Welfare


Title 45: Public Welfare
PART 706—EMPLOYEE RESPONSIBILITIES AND CONDUCT
Subpart B—Ethical and Other Conduct and Responsibilities of Employees

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§ 706.12   Financial interests.

(a) Employees shall not:

(1) Have a direct or indirect financial interest that conflicts substantially, or appears to conflict substantially, with their Government duties and responsibilities; or

(2) Engage in, directly or indirectly, a financial transaction as a result of, or primarily relying on, information obtained through their Government employment.

(b) This section does not preclude an employee from having a financial interest or engaging in financial transactions to the same extent as a private citizen not employed by the Government, so long as it is not prohibited by law, the Executive order, or Commission regulations.

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